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Currently it is the lowest circulating denomination of the Indian rupee. The symbol for paisa is (). On 30 June 2011, when the 25 paisa and all other lower denomination coins were officially demonetised, the 50 paise coin became the lowest circulating denomination of the Indian rupee. [1]
Face value: 50 Paise. From collection of Arun Kumar Singh. Country: India. Year of minting: 1982. Metal: Copper-nickel. Shape: Round. Obverse: State Emblem of India, country name and face value in Hindi and English. Reverse: Flag of India on top of Indian Map with lettering "National Integration" in Hindi and English. Edge: Security. Weight: 5 g.
The 1, 2 and 3 paisa coins were phased out gradually in the 1970s. In 1982, a new 2 rupee coin was introduced experimentally to replace 2 rupee notes. The 2 rupee coin was not minted again till 1990, after which it was minted every following year. Stainless steel coinage of 10, 25 and 50 paisa was introduced in 1988. In 1992, a new stainless ...
The demonetisation of the 25-paise coin and all paise coins below it took place, and a new series of coins (50 paise – nicknamed athanni – one, two, five, and ten rupees with the new rupee sign) were put into circulation in 2011. In 2016 the 50 paise coin was last minted. Coins commonly in circulation are one, two, five, ten, and twenty rupees.
This change commenced with the introduction of the new hexagonal 3 paise coin. A twenty paise coin was introduced in 1968 but did not gain much popularity. Over a period, cost-benefit considerations led to the gradual discontinuance of 1, 2 and 3 paise coins in the 1970s. Stainless steel coinage of 10, 25 and 50 paise was introduced in 1988 and ...
From 1957 to 1964, the paisa was called naya paisa (transl. 'new paisa') to distinguish it from the old paisa/pice which was a 1 ⁄ 64 subdivision of the Indian Rupee. On 1 June 1964, the term "naya" was dropped and the denomination was named paisa. Paisa has been issued in 1, 2, 3, 5, 10, 20, 25, and 50 paise coins.
Indian 1-paisa coin; Indian 1-rupee coin; Indian 2-paisa coin; ... Indian 25-paisa coin; Indian 50-paisa coin; Indian anna; Indian paisa; Indo-Greek coinage; Indo ...
Currently in India (from 2010 onwards), the 50 paise coin (half a rupee) is the lowest valued legal tender coin. Coins of 1, 2, 5, and 10 rupees and banknotes of 5, 10, 20, 50, 100, 200, 500, and 2000 rupees are commonly in use for cash transaction.
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